Sr Investment Accountant – Nuveen Private Funds Finance

TIAA • Frisco, TX

3d

About The Position

The Senior Investment Accountant ensures that investment accounting policies and procedures are correctly applied to financial transactions. Under minimal supervision, this job works directly with asset management, operations, and other accountants and administrators. This job reviews accounting and performance activity and prepares financial reports for clients and senior management. Key Responsibilities and Duties Prepares timely and accurate GAAP work papers and supporting schedules to satisfy accounting requirements for fund products and separately managed accounts. Prepares investor reporting, including financial statements, capital statements, and supplementary schedules. Monitors product budgets and prepare accruals and payment requests. Monitors product cash flows and capital needs. Prepares capital calls, distributions, and fund rebalancing, as needed. Calculates performance returns and fees payable. Supports the annual audit process, examinations, and ad hoc inquiries. Collaborates with fund administrators and custodians to support the accounting and reporting requirements. Provides guidance to junior Investment Accountants regarding issues that require more advanced knowledge and experience.

Requirements

• 3+ years of GAAP accounting experience
• Accountability
• Accounting Standards
• Business Acumen
• Client Relationship Management
• Collaboration
• Communication
• Compliance
• Data-Driven Business Intelligence
• Due Diligence
• Executive Presence
• Financial Acumen
• Financial Modeling
• Financial Risk Management
• Financial Statements
• Fund Accounting
• Market/Industry Dynamics
• Stakeholder Engagement
• Story Telling

Nice To Haves

• 5+ years of GAAP accounting experience
• 1+ year of investment portfolio accounting, including debt investments
• BS/BA degree in Accounting or Finance
• Certified Public Accountant (CPA)
• Experience with fund accounting and reporting, including GAAP financial statements, partner allocations, and performance calculations
• Knowledge of investment operations, including middle and back office
• Experience with WSO, Eagle, and Advent Geneva
• Experience interacting with internal and external auditors
• Ability to identify areas of improvement and implement necessary enhancements

Responsibilities

• Prepares timely and accurate GAAP work papers and supporting schedules to satisfy accounting requirements for fund products and separately managed accounts.
• Prepares investor reporting, including financial statements, capital statements, and supplementary schedules.
• Monitors product budgets and prepare accruals and payment requests.
• Monitors product cash flows and capital needs.
• Prepares capital calls, distributions, and fund rebalancing, as needed.
• Calculates performance returns and fees payable.
• Supports the annual audit process, examinations, and ad hoc inquiries.
• Collaborates with fund administrators and custodians to support the accounting and reporting requirements.
• Provides guidance to junior Investment Accountants regarding issues that require more advanced knowledge and experience.
• Performs the monthly accounting close processes for unregistered funds and separate accounts with investments in senior loans, corporate and convertible bonds, , CLO’s, equity securities, and derivatives.
• Calculates accruals, estimates, and management fees.
• Reviews wire payments for expenses and reimbursements.
• Computes portfolio performance, investor fees and allocations.
• Communicates with prime brokers, custodians and fund administrators, analyzing and resolving issues.
• Compiles financial statements and disclosures in conformance with GAAP and Investment Company accounting and reporting guidance.

Benefits

• The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level